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Author Topic: Major correction to rally coming...  (Read 10156 times)
molecular
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December 28, 2011, 12:42:04 PM
 #61

And amount sold = amount bought + fees.

amount sold + fee = amount bougt + fee | fee same for both

amount sold = amount bought

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molecular
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December 28, 2011, 12:45:00 PM
 #62

the fuck, another rally!?

making me confused... maybe this is III after all

maybe mtgox is not a "sane" market and technical analysis just wont work reliably (yet).. many black swans.

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December 28, 2011, 12:52:48 PM
 #63

just cause it seems interesting to me, and has been there for a long time now on intersango:

you see that buy-order of 1200 BTC? ..there are alot more buy orders on intersango in euro, than bitcoin are beeing offered to sell at this price levels. not that  intersango is big at all or something, but its comfortable, charges no fees or very small fees and is getting bigger and bigger. i prefer it over MTGOX.

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December 28, 2011, 01:09:11 PM
 #64

you see that buy-order of 1200 BTC? ..there are alot more buy orders on intersango in euro, than bitcoin are beeing offered to sell at this price levels. not that  intersango is big at all or something, but its comfortable, charges no fees or very small fees and is getting bigger and bigger. i prefer it over MTGOX.

you're clearly a seller. I'm a buyer, still use intersango for my fresh money. We'll likely make a deal soon Wink

I, too, encourage sellers to use intersango. Good prices, guys Wink and nice SEPA working well.

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December 28, 2011, 01:25:43 PM
 #65

lol.

i don't mine bitcoins - in fact i have been buying them all the time throught the last month^^
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December 28, 2011, 02:02:28 PM
 #66

I also like Intersango. Money getting there next day, not in 4 days like in mtgox.
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December 28, 2011, 02:06:31 PM
 #67

I've been doing quite a bit of trading on Intersango as well, mostly on the GBP market (which is quite liquid) and on the EUR and USD markets as well.

Seems like the EUR market is a bit overpriced and has been for a while.  Seems everyone over there wants bitcoins and nobody wants to sell for Euros.
molecular
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December 28, 2011, 03:17:12 PM
 #68

I've been doing quite a bit of trading on Intersango as well, mostly on the GBP market (which is quite liquid) and on the EUR and USD markets as well.

Seems like the EUR market is a bit overpriced and has been for a while.  Seems everyone over there wants bitcoins and nobody wants to sell for Euros.

to over-generalize: yeah, the europeans are buying. americans and rest of world with low power cost still mining.

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December 28, 2011, 04:55:31 PM
 #69

what do you guys think, mega rally brewing on its way or not yet?
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December 28, 2011, 05:10:31 PM
 #70

Quote from: Topic Title
Major correction to rally coming...

what do you guys think, mega rally brewing on its way or not yet?

Oh the irony  Grin

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December 28, 2011, 05:18:15 PM
 #71

what do you guys think, mega rally brewing on its way or not yet?

Mega rally on its way. Very soon a mega rally will always be on its way, right after the previous mega rally of course. Hehehe. =)

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December 28, 2011, 05:49:28 PM
 #72

what do you guys think, mega rally brewing on its way or not yet?

Mega rally on its way. Very soon a mega rally will always be on its way, right after the previous mega rally of course. Hehehe. =)



Steady growth seems to be what is happening, rather than a mega rally Smiley

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December 28, 2011, 05:54:02 PM
 #73

Steady growth seems to be what is happening, rather than a mega rally Smiley
once it reaches $5, all bets on steady slow climb are off imo it will rather turn into another snowball effect
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December 28, 2011, 06:06:39 PM
 #74

what do you guys think, mega rally brewing on its way or not yet?

Mega rally on its way. Very soon a mega rally will always be on its way, right after the previous mega rally of course. Hehehe. =)



Steady growth seems to be what is happening, rather than a mega rally Smiley

Indeed at the moment, I've been enjoying it, but it was quite something to go from 3.25 to 4.5 in the blink of an eye. I'm mostly just thinking of history repeating itself from the summer. We shall see how it plays out.
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December 28, 2011, 07:10:39 PM
 #75

Slow and steady growth is much healthier imo. So wild spikes on charts dont scare potential investors.
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December 28, 2011, 07:31:02 PM
 #76

Wow, the buy pressure is ramping up again... small bidwall just went up at 4.16.

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December 28, 2011, 07:45:58 PM
 #77

most buyers here are thinking that if they just get another chance at $2, they promise this time they will buy.

problem is its very difficult to pick the bottom exactly so if you're bullish long term, you might as well buy now.  we've already had our double bottom chance come and go.
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December 28, 2011, 08:16:17 PM
 #78

yup last chance to grab coins cheaper than 5 is now...

Buy now while you got a chance

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December 28, 2011, 08:17:41 PM
 #79

I believe the volume is important with price increase. If volume is growing with price, OK. If volume is stagnant or decreasing with price increase, not good.

You can price yourself out of the market. I would think, while it might initially hurt miners, have a low entry threshold for new comers would in the long run benefit the community. I would also think the MTGOX would rather make a small amount of fees off of a larger community rather than larger fees off of a small community.

If the price ever gets to parity again and there is the right market in place, I would think you would see an explosion in the use of bitcoins.

Most people still don't know or trust bitcoins, yet !!!

The un-used BTC also needs to come into play a little more. I don't like the idea that on a percentage wise basis; the un-used BTC could collapse the market. Saving is good, but to much saving is bad. IMHO.


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December 28, 2011, 08:41:47 PM
 #80

It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.
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